(redirected from lets fall)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.


An agreement between two parties whereby one party allows the other to use his/her property for a certain period of time in exchange for a periodic fee. The property covered in a lease is usually real estate or equipment such as an automobile or machinery. There are two main kinds of leases. A capital lease is long-term and ownership of the asset transfers to the lessee at the end of the lease. An operating lease, on the other hand, is short-term and the lessor retains all rights of ownership at all times.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


To rent out.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
In one, for instance, the celestial sphere is a ball that a child sometimes lets fall on the floor.
In spite of her love for Heathcliff, Catherine lets fall a remark, which he overhears, that it would degrade her to marry him; the furious Heathcliff steals off, disappearing for three years, and Catherine marries the well - to - do Edgar Linton.
The blonde beauty is dressed in a sexy, see-through teddy, which she seductively lets fall away from her body.